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What are the use cases for Bitcoin borrowing and lending?

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I've been in Bitcoin for a while and feel comfortable in trading, hodling, and other basics like that.

What I don't understand are all the offerings in regards to borrowing and lending Bitcoin. I understand the ideas, but I'm not sure when it's a good time to do it or what the advantages are from an investment/wealth management perspective.

Have some of you already used these offerings? What was your motivation for it?

submitted by /u/whoofles
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